Money
Wendy’s went all in on breakfast. It’s paying off
People are eating at home more. But Wendy’s says they’re still showing up for breakfast. The chain said Wednesday that sales at its US…
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These Texas chains will still require masks once the state’s mandate is lifted
The end of mask mandates in Texas and Mississippi has created a dilemma for businesses: Keep such safety rules in place to protect against Covid-19…
Continue Reading Biden’s energy secretary vows to ‘leave no worker behind’ in the clean energy revolution
Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new…
Continue Reading Why facial piercings could help boost mall traffic
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue Reading This piercing chain thinks it has found a new way to get people through mall doors
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue Reading New fund tracks ‘meme stocks’ after GameStop saga caught Wall Street off guard
Looking for a hot stock to buy? Investors — especially younger millennial and Gen Z traders— are increasingly getting tips from sources like…
Continue Reading SoftBank-backed Greensill Capital is on the brink. 50,000 jobs could be at risk
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it…
Continue Reading UK says the biggest companies must pay more tax
Britain will hike taxes on its biggest companies in 2023 as it begins to repair government finances in the wake of the pandemic, the worst economic…
Continue Reading Private equity firm acquires Michaels in $5 billion deal
Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Apollo will buy all outstanding…
Continue Reading Winter storm cools gun sales after Capitol insurrection led to record-setting January
The winter storm that left much of the nation covered in snow and ice last month also caused gun sales to cool down a bit after heating up in January…
Continue Reading Alamo Drafthouse, the fan-favorite movie theater chain, files for bankruptcy
Alamo Drafthouse, the movie theater chain beloved by fans for its boozy milkshakes, theme nights and strict no-talking rules, has filed for…
Continue Reading Vaccines and stimulus are a powerful cocktail for the US recovery
Those betting on an economic boom in the United States this spring and summer just got a dose of very good news. What’s happening: President…
Continue Reading Leaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two…
Continue Reading Exclusive: Wall Street is in for a rude awakening, former NY Fed president says
Wall Street threw a fit last week when Treasury rates spiked. The stock market tanked and investors feared the economy was overheating. Former New…
Continue Reading UK promises billions more in stimulus. But are tax hikes coming soon?
UK finance minister Rishi Sunak is preparing to deliver a crucial budget in the wake of the economy’s worst slump in more than three centuries,…
Continue Reading How a Chinese website for pirated TV shows became a cultural touchstone for millennials
When Bill Liang realized that popular video download and streaming service Renren Yingshi might be gone for good his heart sank. The website, also…
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How news orgs can combat vaccine hesitancy as production ramps up
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The vaccine story is…
Continue Reading Rio Tinto’s chairman to step down in latest shakeup following Indigenous cave destruction
Rio Tinto Chairman Simon Thompson is stepping down over the company’s destruction of a 46,000-year-old, sacred Indigenous site in Australia,…
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